Sam Perks - Commercial Real Estate Showcase

Sam Perks Property Listings
RE/MAX Professionals
2475 W Monroe St
Springfield, IL 62704-8410


DetailMap
1004 - 1006 S College Street

Springfield, IL 62704-2953


Property Type:Multi-Family Number of Units:13 Status:Existing Year Built:-
Stories:2 Building Size:7,890 SF Land Area:.22 AC (9,688 SF)
For Sale Price:$450,000 Price/Unit:$34,615.38 Cap Rate:14.17 % GRM:-

Parking:-



Sale Notes:
Several parcels including two multi-family buildings, one single family residence, and two parcels of vacant land. 1004 & 1006 S. College is composed of 13 units leasing between $450 and $600. Mix of two-bed and one-bed units. 218 W. Scarritt Street is a three-bed home leasing for $750. Corner lot is included with this sale. NOI at full occupancy: $67,307. Currently all leased but one unit. CAP Rate at full occupancy: 14.17%. Tax ID #s:14330477037, 14330477006, 14330477004, 14330477038. Listing Broker has a financial interest in this property.

RE/MAX Professionals
Sam Perks
(217) 787-7215




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